Act global push fails. We will hear from her. Strong debut shares of alibaba begin trading in hong kong, ending its first trading day more than six percent above listing price. Our top story this week, you were and its uncertain future in london. The City Transit Authority refused to grant the ridehailing service under license on monday. The top regulators said uber failed to adequately verify drivers identities but uverse as it has taken care of the issue. Swiftly responded tweeting that the decision was wrong. Uber will appeal the ruling. London mayor says much more needs to be done with regards to safety. Be am keen for london to hotbed of innovation for new businesses. You got to abide by the rules and whats clear is ubers policies passenger safety has been compromised. Newcomer. P with eric i asked him if that you were at and or the technology itself allow the drivers not to be verified. The issue here is whether drivers in london were able to get on the platform, even though they
Trading day above listing price. Our top story, uber and its uncertain future in london. The citys Transit Authority has refused to grant them a license, saying uber failed to adequately verify driver identities. The ceo swiftly responded, tweeting that the decision was quote wrong. He had said safety is the companys priority and will appeal the ruling. Londons mayor says much more needs to be done with regards to safety. I am keen for london to be a hotbed of innovation but you have got to abide by the rules. What is clear is ubers policy and practices mean passenger safety is being compromised. Emily i caught up with a guest, asking him if uber or the technology itself allowed drivers not to be verified. The issue here is whether drivers in london were able to get on the platform even though they were not the right driver or properly licensed. The city of london says we are talking about some 10,000 rides with a driver who should not be giving the ride. That is a big concern for them
Zuckerberg would not. Twitter banning political ads of all types. We have details. Tesla owners talk. Bloomberg conducts the biggest survey of tesla drivers today. 5000, in fact. What they have to say about what elon musk is doing right and wrong. Dominated byk was tech earnings. Apple beat across the board wednesday, topping estimates for both last Quarter Results and next quarters forecast. This all despite sputtering iphone sales. Andlights included sales profits that topped analyst projections. The ceo announced apple will launch a no interest iphone payments on the apple card, adding that the apple card is the most successful launch for a credit card in the u. S. Ever. I got insight from forrester analyst julie osc. We have been seeing upward revisions to basically all of the numbers throughout the quarter so it is not a surprise that the stock had performed pretty well coming into the report that said, especially on the services aside, this was a really large to be large be at. O
Reach. And the u. S. Government says russia, china, and iran will seek to meddle in elections going forward. How vulnerable are we . We get to opinions from ethical hackers. It was a week of reckoning for uber. They posed selling restrictions for early investors lifted wednesday, making it one of the most actively traded stocks shares some record lows, not a good look. The stock is down 40 from its debut. For some perspective, i caught up with guests. A lot of people are just sick of waiting around for it to get better. We saw the stocks fall. Again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today, is this a day issue, weeks issue or a months issue . The average daily volume is 15 million shares. As lizette was saying, you are talking about one billion shares coming off of lockup. Some of those shares are probably not going to trade. I dont think soft
Service becomes available. In the u. S. Government says russia, china and iran will seek to meddle in elections going forward. Ethicalpinions from two hackers. Company selling restrictions for early for early investors. It is not a good look for the largest ipo. With up a lot of people are just sick of waiting around for it to get better. We saw the stocks fall. Again, there are some questions around when this could continue, considering a number of early investors are not underwater and could see potential upside. Taylor walter, the volatility today, is this a day issue, weeks issue or a months issue . The average daily volume is 15 million shares. As lizette was saying, you are talking about one billion shares coming off of lockup. Some of those shares are probably not going to trade. I dont think softbank, who owns about 2 million or so of the shares, are selling any time show soon. They are pretty bullish on rideshare and have a number of investments. But the founders of the compan